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    Industrial Warehouse For Lease Title is generated by Realmo AI

    2163 9th St, Sarasota, FL 34237

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    For Lease
    $550,000

    Industrial warehouse space available for lease at 2163 9th St in Sarasota, suitable for warehousing and distribution use.

    Type:Industrial
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 2:17 am

    Property Features for 2163 9th St

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Brian Seidel
    Brian Seidel

    Listing agent Brian Seidel License #3123085

    Listing office American Property Group of Sarasota, Inc.

    Listing date Jun 3, 2026

    Source Americanpropertygroup

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of American Property Group of Sarasota, Inc.

    HighLights

    • Industrial warehouse space available for lease at 2163 9th St, Sarasota, FL 34237
    • Suitable for warehousing and distribution use

    Overview

    American Property Group of Sarasota, Inc. presents an industrial warehouse property available for lease at 2163 9th St, Sarasota, FL 34237. The offering is categorized as warehouses and other commercial real estate, positioning the asset for users seeking a warehouse-style space.

    The property’s address is provided at 2163 9th St in Sarasota, Florida. As presented in the available materials, no additional exterior features, improvements, unit configuration, or building specifics are listed.

    For tenants or operators looking for a warehouse format to support storage, distribution, or general industrial needs, this leased warehouse may be a practical starting point. Because the provided information does not include details such as ceiling heights, loading access, office buildout, or other functional specifications, prospective users should confirm the operational characteristics that matter most for their workflow, including layout and any site/building considerations relevant to day-to-day use. Brokers and applicants can use the address to coordinate a tour and review the space directly against their requirements.
    Location Intelligence

    Current Use by Public Records

    My Neighbor's Auto ... Auto Repair Shop

    Suggested Use

    Restaurant Dental Office Spa & Massage Center Real Estate Agency Hair Salon Law Firm Nail Salon Daycare Center Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Life Storage - Sarasota — 2201 Fruitville Rd, Sarasota, FL 34237
    • The Lock Up Self Storage — 1003 N Orange Ave #4102, Sarasota, FL 34236
    • Corsa 7 Motorsports — 2277 2nd St, Sarasota, FL 34237
    • Nearby Self Storage Units — 1735 Fruitville Rd ste a, Sarasota, FL 34236, United States
    • Design Services SRQ — 2220 8th St, Sarasota, FL 34237

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5269761
    Latitude
    27.3440366

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    FAQs

    What type of property is this?
    Warehouse - Industrial warehouse space available for lease at 2163 9th St in Sarasota, suitable for warehousing and distribution use.
    Where is this warehouse located?
    The property is located at 2163 9th St Sarasota, FL.
    What is the lease rate?
    The lease rate is $550,000.
    What are key features of this property?
    This property features: Industrial warehouse space available for lease at 2163 9th St, Sarasota, FL 34237; Suitable for warehousing and distribution use
    (941) 544-2970
    We can help!
    Listing Contact
    Brian Seidel
    Brian Seidel
    Real Estate License ID: 3123085
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    2163 9th St, Sarasota, FL 34237
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